2013 Q4 Form 10-K Financial Statement

#000137367015000015 Filed on March 31, 2015

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2013 Q2
Revenue $202.3M $0.00 $0.00
YoY Change -153.46% -100.0% -100.0%
Cost Of Revenue $144.1M $82.13M $93.31M
YoY Change -33.87% -28.81%
Gross Profit $15.86M $20.85M $12.37M
YoY Change -359.19% -249.75%
Gross Profit Margin 7.84%
Selling, General & Admin $14.10M $1.000M $1.400M
YoY Change -1381.82% -52.38% -41.67%
% of Gross Profit 88.9% 4.8% 11.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization -$21.12M $6.830M $6.840M
YoY Change -396.21% 0.35% 0.51%
% of Gross Profit -133.17% 32.76% 55.3%
Operating Expenses $13.80M $1.000M $1.400M
YoY Change -103.43% -52.38% -41.67%
Operating Profit -$5.963M -$1.049M -$1.411M
YoY Change 411.41% -26.75% -14.48%
Interest Expense $3.200M $2.013M $1.959M
YoY Change 5.89% 13.7%
% of Operating Profit
Other Income/Expense, Net -$4.000K $0.00 $0.00
YoY Change
Pretax Income -$5.967M -$1.049M -$1.411M
YoY Change 411.75% -26.75% -14.48%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings $8.848M $9.513M $7.615M
YoY Change -188.28% -196.78% -171.96%
Net Earnings / Revenue 4.37%
Basic Earnings Per Share $0.79 $0.86 $0.69
Diluted Earnings Per Share $0.79 $0.86 $0.69
COMMON SHARES
Basic Shares Outstanding 5.342M shares 5.342M shares
Diluted Shares Outstanding 5.342M shares 5.342M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.70M $17.30M $11.20M
YoY Change 94.19% 60.19% 21.74%
Cash & Equivalents $18.07M $17.30M $11.23M
Short-Term Investments
Other Short-Term Assets $0.00 $34.00K $22.00K
YoY Change -96.22% -98.71%
Inventory $228.8M $11.19M $11.74M
Prepaid Expenses $124.0K $829.0K $799.0K
Receivables $39.00K $7.237M $12.60M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $15.56M $38.54M $38.34M
YoY Change 32.39% 0.1% -11.05%
LONG-TERM ASSETS
Property, Plant & Equipment $865.0K $191.2M $197.3M
YoY Change 716.04% -11.54% -11.49%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $8.300M
YoY Change
Other Assets $22.00K $2.775M $2.775M
YoY Change -99.0% 38.75% 26.14%
Total Long-Term Assets $93.00K $194.9M $201.3M
YoY Change -95.96% -13.25% -13.23%
TOTAL ASSETS
Total Short-Term Assets $15.56M $38.54M $38.34M
Total Long-Term Assets $93.00K $194.9M $201.3M
Total Assets $268.4M $233.5M $239.7M
YoY Change 7.18% -11.3% -12.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $50.00K $4.487M $7.499M
YoY Change 85.19% -65.75% -49.33%
Accrued Expenses $6.400M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $170.6M $170.6M
YoY Change 0.08% 1254.26%
Total Short-Term Liabilities $4.601M $183.5M $184.5M
YoY Change 2722.7% -0.08% 573.36%
LONG-TERM LIABILITIES
Long-Term Debt $43.80M $2.653M $2.735M
YoY Change 1470.46% -1.74% -98.3%
Other Long-Term Liabilities $0.00 $2.943M $3.003M
YoY Change -100.0% -72.24% -69.36%
Total Long-Term Liabilities $0.00 $5.596M $5.738M
YoY Change -100.0% -57.92% -96.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.601M $183.5M $184.5M
Total Long-Term Liabilities $0.00 $5.596M $5.738M
Total Liabilities $69.59M $193.0M $194.2M
YoY Change -64.37% -2.17% -2.9%
SHAREHOLDERS EQUITY
Retained Earnings $33.01M -$137.9M
YoY Change -125.57%
Common Stock $156.1M $190.1M
YoY Change -17.7%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.316M $4.316M
YoY Change 0.0%
Treasury Stock Shares 40.48K shares 40.48K shares 40.48K shares
Shareholders Equity $189.1M $43.55M $47.87M
YoY Change
Total Liabilities & Shareholders Equity $268.4M $233.5M $239.7M
YoY Change 7.18% -11.3% -12.89%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2013 Q2
OPERATING ACTIVITIES
Net Income $8.848M $9.513M $7.615M
YoY Change -188.28% -196.78% -171.96%
Depreciation, Depletion And Amortization -$21.12M $6.830M $6.840M
YoY Change -396.21% 0.35% 0.51%
Cash From Operating Activities -$60.03M $7.090M $2.220M
YoY Change 4626.77% 322.02% 212.68%
INVESTING ACTIVITIES
Capital Expenditures $1.920M -$950.0K -$570.0K
YoY Change -934.78% 9400.0% 2750.0%
Acquisitions
YoY Change
Other Investing Activities $10.88M
YoY Change
Cash From Investing Activities $12.81M -$950.0K -$570.0K
YoY Change -5669.57% 9400.0% 2750.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -70.00K -30.00K
YoY Change 75.0% -99.05%
NET CHANGE
Cash From Operating Activities -60.03M 7.090M 2.220M
Cash From Investing Activities 12.81M -950.0K -570.0K
Cash From Financing Activities -70.00K -30.00K
Net Change In Cash -47.22M 6.070M 1.620M
YoY Change 3006.58% 272.39% -165.32%
FREE CASH FLOW
Cash From Operating Activities -$60.03M $7.090M $2.220M
Capital Expenditures $1.920M -$950.0K -$570.0K
Free Cash Flow -$61.95M $8.040M $2.790M
YoY Change 5856.73% 375.74% 282.19%

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CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
0 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
14000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
0 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
161000 USD
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1161000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
0 USD
CY2014Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
42000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
0 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
11000 USD
CY2012 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0 USD
CY2013 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0 USD
CY2014 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0 USD
CY2012 us-gaap Depreciation
Depreciation
100000 USD
CY2013 us-gaap Depreciation
Depreciation
300000 USD
CY2014 us-gaap Depreciation
Depreciation
200000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
53000 USD
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
292000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
735000 USD
CY2013Q4 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
3292000 USD
CY2014Q4 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
6676000 USD
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.55
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.54
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.86
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.88
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.40
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.55
CY2013Q3 us-gaap Gross Profit
GrossProfit
20847000 USD
CY2013Q4 us-gaap Gross Profit
GrossProfit
15860000 USD
CY2014Q1 us-gaap Gross Profit
GrossProfit
15848000 USD
CY2014Q2 us-gaap Gross Profit
GrossProfit
16483000 USD
CY2014Q3 us-gaap Gross Profit
GrossProfit
15024000 USD
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.86
CY2014Q4 us-gaap Gross Profit
GrossProfit
15300000 USD
CY2012 us-gaap Home Building Costs
HomeBuildingCosts
39642000 USD
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.88
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.40
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.011
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.007
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.686
CY2014Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1400000 USD
CY2014 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P4Y9M25D
CY2013Q1 us-gaap Gross Profit
GrossProfit
9122000 USD
CY2013Q2 us-gaap Gross Profit
GrossProfit
12368000 USD
CY2013 us-gaap Home Building Costs
HomeBuildingCosts
122616000 USD
CY2014 us-gaap Home Building Costs
HomeBuildingCosts
149365000 USD
CY2012 us-gaap Home Building Revenue
HomeBuildingRevenue
50105000 USD
CY2013 us-gaap Home Building Revenue
HomeBuildingRevenue
168591000 USD
CY2014 us-gaap Home Building Revenue
HomeBuildingRevenue
200650000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20943000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
44643000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
36209000 USD
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
231000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
327000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-24853000 USD
CY2012 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
0 USD
CY2013 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
0 USD
CY2014 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
10634000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
0 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
0 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
12673000 USD
CY2012 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
0 USD
CY2013 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
0 USD
CY2014 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
644000 USD
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
315000 USD
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
37612000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
231000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
327000 USD
CY2012 us-gaap Income Taxes Paid
IncomeTaxesPaid
138000 USD
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
665000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
636000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
4258000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
4137000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
4898000 USD
CY2012 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-624000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
333000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
303000 USD
CY2012 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1155000 USD
CY2013 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3957000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
4706000 USD
CY2012 us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
9151000 USD
CY2013 us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
-1445000 USD
CY2014 us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
-1022000 USD
CY2012 us-gaap Increase Decrease In Earnest Money Deposits Outstanding
IncreaseDecreaseInEarnestMoneyDepositsOutstanding
1309000 USD
CY2013 us-gaap Increase Decrease In Earnest Money Deposits Outstanding
IncreaseDecreaseInEarnestMoneyDepositsOutstanding
1983000 USD
CY2014 us-gaap Increase Decrease In Earnest Money Deposits Outstanding
IncreaseDecreaseInEarnestMoneyDepositsOutstanding
3384000 USD
CY2012 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
98154000 USD
CY2013 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
96206000 USD
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-131000 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
982000 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
828000 USD
CY2012 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
320000 USD
CY2013 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
1063000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
326000 USD
CY2012 us-gaap Interest And Fee Income Loans Lease Financing
InterestAndFeeIncomeLoansLeaseFinancing
907000 USD
CY2013 us-gaap Interest And Fee Income Loans Lease Financing
InterestAndFeeIncomeLoansLeaseFinancing
1039000 USD
CY2014 us-gaap Interest And Fee Income Loans Lease Financing
InterestAndFeeIncomeLoansLeaseFinancing
781000 USD
CY2012 us-gaap Interest And Fee Income Loans Real Estate Construction
InterestAndFeeIncomeLoansRealEstateConstruction
6217000 USD
CY2013 us-gaap Interest And Fee Income Loans Real Estate Construction
InterestAndFeeIncomeLoansRealEstateConstruction
2503000 USD
CY2014 us-gaap Interest And Fee Income Loans Real Estate Construction
InterestAndFeeIncomeLoansRealEstateConstruction
265000 USD
CY2012 us-gaap Interest Expense
InterestExpense
351000 USD
CY2013 us-gaap Interest Expense
InterestExpense
315000 USD
CY2014 us-gaap Interest Expense
InterestExpense
1393000 USD
CY2012 us-gaap Interest Paid Net
InterestPaidNet
346000 USD
CY2013 us-gaap Interest Paid Net
InterestPaidNet
497000 USD
CY2014 us-gaap Interest Paid Net
InterestPaidNet
1433000 USD
CY2013Q4 us-gaap Inventory Operative Builders
InventoryOperativeBuilders
228777000 USD
CY2014Q4 us-gaap Inventory Operative Builders
InventoryOperativeBuilders
274303000 USD
CY2013Q4 us-gaap Inventory Operative Builders Other
InventoryOperativeBuildersOther
54502000 USD
CY2014Q4 us-gaap Inventory Operative Builders Other
InventoryOperativeBuildersOther
16220000 USD
CY2012 us-gaap Land Sales
LandSales
22927000 USD
CY2013 us-gaap Land Sales
LandSales
33735000 USD
CY2014 us-gaap Land Sales
LandSales
45452000 USD
CY2013Q4 us-gaap Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
0 USD
CY2014Q4 us-gaap Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
7279000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
69589000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
218728000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
268408000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
400325000 USD
CY2013 us-gaap Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
0 USD
CY2014 us-gaap Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
0 USD
CY2013Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
17208000 USD
CY2014Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
14061000 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
176212000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
16534000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
9000000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
678000 USD
CY2013Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0 USD
CY2014Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0 USD
CY2013Q4 us-gaap Minority Interest
MinorityInterest
9709000 USD
CY2014Q4 us-gaap Minority Interest
MinorityInterest
9739000 USD
CY2014Q4 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.50
CY2014Q4 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
0.50
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
60215000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
48632000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-9803000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2521000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
10197000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
11759000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-63699000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-49310000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2628000 USD
CY2012 us-gaap Net Income Loss
NetIncomeLoss
17194000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
6031000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
7615000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
9513000 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
8848000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
32007000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
7349000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
7410000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
3694000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
31573000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
50026000 USD
CY2012 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3518000 USD
CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
12309000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
11036000 USD
CY2013 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
4201000 USD
CY2014 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
1600000 USD
CY2012 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
17194000 USD
CY2013 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
32007000 USD
CY2014 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
50026000 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
491000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
687000 USD
CY2013Q4 us-gaap Notes Payable
NotesPayable
26595000 USD
CY2014Q4 us-gaap Notes Payable
NotesPayable
12151000 USD
CY2013Q4 us-gaap Notes Receivable Net
NotesReceivableNet
7556000 USD
CY2014Q4 us-gaap Notes Receivable Net
NotesReceivableNet
0 USD
CY2012 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1213000 USD
CY2013 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
804000 USD
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
869000 USD
CY2012 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
1028000 USD
CY2013 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
19478000 USD
CY2014 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
13121000 USD
CY2012 us-gaap Payments To Acquire Lease Receivables
PaymentsToAcquireLeaseReceivables
13284000 USD
CY2013 us-gaap Payments To Acquire Lease Receivables
PaymentsToAcquireLeaseReceivables
0 USD
CY2014 us-gaap Payments To Acquire Lease Receivables
PaymentsToAcquireLeaseReceivables
0 USD
CY2012 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
17788000 USD
CY2014 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2014 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
3541000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
583000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
591000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
578000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
572000 USD
CY2013Q4 us-gaap Other Assets
OtherAssets
1058000 USD
CY2014Q4 us-gaap Other Assets
OtherAssets
2027000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1378000 USD
CY2012 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2790000 USD
CY2013 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
6749000 USD
CY2014 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
11793000 USD
CY2012 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
32317000 USD
CY2013 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
11917000 USD
CY2014 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
9156000 USD
CY2012 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
41500000 USD
CY2013 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
57286000 USD
CY2014 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0 USD
CY2012 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
28203000 USD
CY2013 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
39000000 USD
CY2014 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
19000000 USD
CY2012 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
1215000 USD
CY2013 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
1756000 USD
CY2014 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
787000 USD
CY2012 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
22876000 USD
CY2013 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
21462000 USD
CY2014 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
7989000 USD
CY2012 us-gaap Proceeds From Sale Of Lease Receivables
ProceedsFromSaleOfLeaseReceivables
1767000 USD
CY2013 us-gaap Proceeds From Sale Of Lease Receivables
ProceedsFromSaleOfLeaseReceivables
3168000 USD
CY2014 us-gaap Proceeds From Sale Of Lease Receivables
ProceedsFromSaleOfLeaseReceivables
5581000 USD
CY2012 us-gaap Profit Loss
ProfitLoss
20712000 USD
CY2013 us-gaap Profit Loss
ProfitLoss
44316000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
61062000 USD
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1242000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2255000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
865000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1629000 USD
CY2011Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
100000 USD
CY2012Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
53000 USD
CY2014Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
3713000 USD
CY2014 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
105000 USD
CY2013Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
1065000 USD
CY2013Q3 us-gaap Sales Of Real Estate
SalesOfRealEstate
67156000 USD
CY2012 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
101000 USD
CY2013 us-gaap Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
53000 USD
CY2012 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
405000 USD
CY2013 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
1380000 USD
CY2014 us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
4146000 USD
CY2012 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
24609000 USD
CY2013 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
28336000 USD
CY2014 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
22147000 USD
CY2012 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
5152000 USD
CY2013 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
16309000 USD
CY2014 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
22434000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1383000 USD
CY2014Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1709000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
33014000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
69919000 USD
CY2012 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
3790000 USD
CY2013 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
10251000 USD
CY2014 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
14868000 USD
CY2013Q1 us-gaap Sales Of Real Estate
SalesOfRealEstate
32760000 USD
CY2013Q2 us-gaap Sales Of Real Estate
SalesOfRealEstate
46711000 USD
CY2013Q4 us-gaap Sales Of Real Estate
SalesOfRealEstate
55699000 USD
CY2014Q1 us-gaap Sales Of Real Estate
SalesOfRealEstate
63009000 USD
CY2014Q2 us-gaap Sales Of Real Estate
SalesOfRealEstate
65843000 USD
CY2014Q3 us-gaap Sales Of Real Estate
SalesOfRealEstate
49676000 USD
CY2014Q4 us-gaap Sales Of Real Estate
SalesOfRealEstate
67574000 USD
CY2013Q4 us-gaap Secured Debt
SecuredDebt
0 USD
CY2014Q4 us-gaap Secured Debt
SecuredDebt
150000000 USD
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3312000 USD
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6623000 USD
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
10099000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
40000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0194
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.372
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
0 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.00
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
500000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
500000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.88
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
357000 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
500000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.00
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.49
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.00
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
70000000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
189110000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
171858000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
62079000 USD
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.00
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
7.49
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
CY2014Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 USD
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P0Y
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
0 shares
CY2014Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
500000 shares
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
0 shares
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
0.00
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
0.00
CY2014Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
2.88
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y9M25D
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
0 shares
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
0.00
CY2014 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
14000000 shares
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2014 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
-124197000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
121688000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
198819000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
181597000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11109000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11109000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14712000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11109000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11109000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14712000 shares
CY2014 us-gaap Basis Of Accounting
BasisOfAccounting
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles (&#8220;GAAP&#8221;) as set forth in the Financial Accounting Standards Board&#8217;s (&#8220;FASB&#8221;) Accounting Standards Codification (&#8220;ASC&#8221;) and applicable regulations of the Securities and Exchange Commission (&#8220;SEC&#8221;). </font></div></div>
CY2014 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company evaluates the need for an allowance for notes receivable losses on a regular basis by reviewing the collectability of the notes in light of historical experience, the nature and volume of the note portfolio, adverse situations that may affect the borrower&#8217;s ability to repay, estimated value of underlying collateral, and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">While borrowers may not have the ability to repay the notes by any means other than the sale of the underlying collateral, the Company believes the borrowers will be able to sell the properties in the normal course of business at prices well in excess of the note balances. In addition, if the borrowers are unable to fulfill their commitments under the note contracts, the Company believes the collateral can be foreclosed and sold at prices that will preclude any losses to the Company.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the consolidated financial statements in conformity with GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes, including the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.</font></div></div>

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0001373670-15-000015.txt Edgar Link pending
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a1231201410-kgrbk.htm Edgar Link pending
a1231201410_chart-03817.jpg Edgar Link pending
exhibit1014greenbrickpartn.htm Edgar Link pending
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exhibit311certificationofc.htm Edgar Link pending
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